Switzerland-Bhutan Bilateral Trade Analysis 2023
Complete trade statistics: $1.97M total volume •Switzerland surplus: $1.86M
Switzerland → Bhutan
$1.91M
Exports (2023)
Bhutan → Switzerland
$57,507
Imports (2023)
Trade Balance
$1.86M
Surplus for Switzerland
Total Trade
$1.97M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Switzerland and Bhutan. Green line shows exports from Switzerland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Switzerland-Bhutan commercial relationship and competitive positioning in global markets.
Switzerland → Bhutan Exports
Export Market Intelligence
🎯 Strategic Export Focus
Switzerland's export portfolio to Bhutan demonstrates strategic specialization, with cranes: overhead travelling cranes on fixed support representing a key competitive advantage in this bilateral market.
Bhutan → Switzerland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Switzerland's import pattern from Bhutan reveals significant dependencyin cereals: husked (brown) rice, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Switzerland demonstrates competitive strength in exportingcranes: overhead travelling cranes on fixed support to Bhutan, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.97M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Switzerland-Bhutan Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.97 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Switzerland maintains a surplus of $1.86 million
- Export Focus: Switzerland's primary exports include cranes: overhead travelling cranes on fixed support, cranes: self-propelled derricks and cranes, not on tyres, n.e.c. in heading no. 8426, iron or steel: threaded screws, bolts and nuts n.e.c. in item no. 7318.1
- Import Dependencies: Key imports from Bhutan include cereals: husked (brown) rice, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, silk: woven fabrics n.e.c. in heading no. 5007
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.97M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Switzerland leveraging its comparative advantages in cranes: overhead travelling cranes on fixed support.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Switzerland's specialization in cranes: overhead travelling cranes on fixed supportcomplements Bhutan's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: husked (brown) rice.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.97M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.97M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.97 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cranes: overhead travelling cranes on fixed support and cereals: husked (brown) rice demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Switzerland's trade surplus of $1.86 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Switzerland and Bhutan represents a total trade volume of $1.97 million in 2023. This partnership demonstrates a favorable trade balance for Switzerland, with exports exceeding importsby $1.86 million.
Export Strengths
Switzerland's exports to Bhutan total $1.91 million, with competitive advantages in cranes: overhead travelling cranes on fixed support, representing $924,994 or48.3% of bilateral exports.
Import Dependencies
Imports from Bhutan amount to $57.51 thousand, highlighting economic interdependence in cereals: husked (brown) rice, with Cereals: husked (brown) rice comprising32.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Switzerland's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Switzerland and Bhutan in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023